Tractor Supply (NASDAQ:TSCO) Issues FY 2026 Earnings Guidance

Tractor Supply (NASDAQ:TSCO) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.900-2.000 for the period, compared to the consensus earnings per share estimate of 2.110. The company issued revenue guidance of $15.9 billion-$16.1 billion, compared to the consensus revenue estimate of $16.2 billion.

Tractor Supply Price Performance

Tractor Supply stock traded up $0.12 during trading hours on Thursday, reaching $29.48. 4,518,750 shares of the stock were exchanged, compared to its average volume of 9,638,060. The stock has a 50 day moving average of $30.63 and a two-hundred day moving average of $41.45. The company has a market cap of $15.46 billion, a P/E ratio of 14.50, a price-to-earnings-growth ratio of 6.43 and a beta of 0.46. The company has a current ratio of 1.38, a quick ratio of 0.16 and a debt-to-equity ratio of 0.86. Tractor Supply has a twelve month low of $28.36 and a twelve month high of $63.99.

Tractor Supply (NASDAQ:TSCO) last announced its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.01). Tractor Supply had a net margin of 6.91% and a return on equity of 42.58%. The firm had revenue of $4.54 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same period last year, the business earned $0.81 earnings per share. The business’s revenue was up 2.3% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Equities analysts expect that Tractor Supply will post 2.08 EPS for the current fiscal year.

Tractor Supply Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Wednesday, May 27th were given a $0.24 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $0.96 dividend on an annualized basis and a yield of 3.3%. Tractor Supply’s dividend payout ratio (DPR) is currently 47.06%.

Wall Street Analyst Weigh In

TSCO has been the topic of a number of research reports. Stephens reduced their price objective on Tractor Supply from $53.00 to $43.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 22nd. Piper Sandler set a $32.00 price target on shares of Tractor Supply and gave the company a “neutral” rating in a research report on Tuesday, June 16th. Evercore reiterated an “outperform” rating and issued a $40.00 price objective on shares of Tractor Supply in a research note on Tuesday, July 7th. BNP Paribas Exane reduced their price objective on Tractor Supply from $58.00 to $45.00 and set an “outperform” rating for the company in a research note on Wednesday, April 22nd. Finally, Raymond James Financial dropped their price objective on shares of Tractor Supply from $48.00 to $40.00 and set an “outperform” rating on the stock in a research note on Friday, July 17th. Thirteen research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $40.88.

Tractor Supply News Roundup

Here are the key news stories impacting Tractor Supply this week:

• Positive Sentiment: Management said weak May sales were the main issue, implying demand weakness may be temporary rather than structural, and reiterated confidence in the company’s long-term growth story. Weak May Was the Culprit: Tractor Supply Says Long-Term Demand Is Intact
• Positive Sentiment: Tractor Supply launched Instacart same-day delivery from 2,400 stores, which could improve convenience, support sales, and broaden the company’s digital reach. Tractor Supply (TSCO) Launches Instacart Same Day Delivery From 2,400 Stores
• Neutral Sentiment: Options activity surged, with unusually heavy call buying, suggesting traders were positioning for a move after earnings but without giving a clear directional signal by itself. Tractor Supply Target of Unusually Large Options Trading (NASDAQ:TSCO)
• Negative Sentiment: Quarterly EPS came in at $0.81 versus $0.82 expected, and revenue missed at $4.54 billion versus $4.58 billion, confirming some near-term softness. Tractor Supply Company Reports Second Quarter 2026 Financial Results; Updates Fiscal Year 2026 Outlook
• Negative Sentiment: FY 2026 guidance was lowered to EPS of $1.90-$2.00 and revenue of $15.9 billion-$16.1 billion, both below Wall Street expectations, which is likely weighing on sentiment. Tractor Supply Company Reports Second Quarter 2026 Financial Results; Updates Fiscal Year 2026 Outlook
• Negative Sentiment: Robert W. Baird cut its price target to $38.00, reflecting more cautious analyst expectations after the update. Robert W. Baird Lowers Tractor Supply (NASDAQ:TSCO) Price Target to $38.00

Hedge Funds Weigh In On Tractor Supply

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. State Street Corp grew its stake in Tractor Supply by 0.7% in the 4th quarter. State Street Corp now owns 23,051,776 shares of the specialty retailer’s stock valued at $1,152,819,000 after buying an additional 162,774 shares in the last quarter. Invesco Ltd. grew its position in shares of Tractor Supply by 18.4% in the fourth quarter. Invesco Ltd. now owns 17,433,611 shares of the specialty retailer’s stock valued at $871,855,000 after purchasing an additional 2,706,819 shares in the last quarter. Select Equity Group L.P. raised its stake in shares of Tractor Supply by 41.9% during the 2nd quarter. Select Equity Group L.P. now owns 12,713,409 shares of the specialty retailer’s stock valued at $670,887,000 after purchasing an additional 3,753,414 shares during the period. Morgan Stanley lifted its holdings in Tractor Supply by 16.4% during the 4th quarter. Morgan Stanley now owns 10,622,335 shares of the specialty retailer’s stock worth $531,223,000 after purchasing an additional 1,497,130 shares in the last quarter. Finally, Victory Capital Management Inc. grew its holdings in Tractor Supply by 12.7% during the 4th quarter. Victory Capital Management Inc. now owns 5,080,713 shares of the specialty retailer’s stock valued at $254,086,000 after buying an additional 572,052 shares in the last quarter. Institutional investors own 98.72% of the company’s stock.

Tractor Supply Company Profile

Tractor Supply Company (NASDAQ: TSCO) is a specialty retailer focused on products for the home, farm, ranch and outdoors. The company operates a network of physical retail locations complemented by an e-commerce platform, offering a one-stop source of supplies and equipment for customers with rural and suburban lifestyles. Its merchandise assortment targets a range of needs, from animal and livestock care to maintenance, outdoor power equipment, and seasonal products.

Product categories include animal feed and supplies, pet products, fencing and fencing supplies, equine equipment, lawn and garden tools, work clothing and footwear, and small agricultural and outdoor power equipment.